Budget & Taxes (Revenue)

in committee · Oklahoma · House Feb 4, 2025

HB 1926: Economic development; appropriation; Oklahoma Department of Commerce; Community Development Financial Institutions; effective date; emergency.

HB 1926 appropriates $30 million from Oklahoma's General Revenue Fund to the Department of Commerce for a program partnering with SBA-certified Community Development Financial Institutions (CDFIs). This funding directly supports small businesses by enabling CDFIs to provide loans to owners, particularly in underserved communities. The program will operate using unallocated funds for the 2026 fiscal year and takes effect July 1, 2025. The bill creates a specific funding mechanism to expand small business lending access through established community-focused lenders.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $30M from General Revenue Fund to fund small business loans via CDFIs, advancing economic development spending within budget allocation.90% confidence

Sub-Topics Appropriations Revenue

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in committee · Oklahoma · Senate Feb 4, 2025

SB 173: Transportation; modifying certain apportionment; creating the Municipal Improvements for Roads and Bridges Fund. Effective date. Emergency.

SB 173 redirects excess vehicle tax revenue that would otherwise go to Oklahoma's General Revenue Fund into a new Municipal Improvements for Roads and Bridges Fund. Starting in 2019, any funds exceeding the 2015 apportionment level for transportation will now fund local road and bridge projects instead. This directly affects Oklahoma cities and counties seeking to improve their infrastructure through this dedicated funding source. The bill modifies existing vehicle fee distribution rules without creating new taxes, using money that would have otherwise been added to the General Revenue Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects excess vehicle tax revenue to dedicated infrastructure fund, advancing public works funding without increasing taxes.90% confidence ✓ TransportationSupports TransportationRedirects excess vehicle tax revenue to a dedicated fund for local road and bridge projects, directly funding transportation infrastructure improvements.95% confidence

Sub-Topics Revenue Bridges Roads & Highways Transportation Funding

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signed · Oklahoma · Senate May 4, 2026

SB 1130: University Hospitals Authority; making an appropriation; stating purpose. Effective date. Emergency.

SB 1130 appropriates $100,000 from Oklahoma's General Revenue Fund to the State Board of Education for the 2025-2026 fiscal year to fulfill its legal duties. The bill directly affects the State Board of Education by providing funding for its operations. It declares an emergency to allow immediate implementation upon approval, though it does not change existing education policies or create new requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $100,000 from General Revenue Fund to State Board of Education for operations, fulfilling legal duties without policy changes.95% confidence ✓ EducationSupports EducationAppropriates $100k to State Board of Education for operations, directly funding educational governance without restrictions or policy changes.95% confidence

Sub-Topics Appropriations Revenue Higher Education

signed · Oklahoma · Senate May 13, 2026

SB 1390: Gross production tax; modifying apportionment of collections for certain fiscal years; modifying apportionment limit. Effective date.

SB 1390 modifies Oklahoma's gross production tax apportionment rules for natural gas and oil revenues. It establishes a "moving five-year average" for gas tax collections to determine when excess revenue (above this average) is sent to the Revenue Stabilization Fund instead of the General Revenue Fund. The bill adjusts the percentage of tax revenue allocated to state general funds, county highway funds, and school districts based on whether gas taxes are levied at 7% or 4% rates. This directly affects natural gas and oil producers, counties receiving highway funds, and school districts eligible for per-pupil funding. The changes take effect immediately as an emergency measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes fiscal stability mechanism by redirecting excess gas tax revenue to stabilization fund instead of general fund, promoting responsible budget management.95% confidence

Sub-Topics Revenue

signed · Oklahoma · Senate Apr 23, 2026

SB 1145: Oklahoma Public Employees Retirement System; authorizing benefit increase for certain retired members. Effective dates.

SB 1145 allocates $100,000 from Oklahoma's General Revenue Fund to the Office of Management and Enterprise Services (OMES) for fiscal year 2026. This funding is intended to support OMES in carrying out its statutory duties, which include managing state government operations like information technology and facilities. The bill declares an emergency to allow immediate implementation upon approval, as stated in Section 2. This is a routine budgetary measure with no substantive policy changes beyond the specified funding amount.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $100k from General Revenue to fund OMES operations, supporting state budget execution without tax changes or policy shifts.95% confidence

Sub-Topics Pensions Revenue

signed · Oklahoma · Senate Apr 23, 2026

SB 1148: Uniform Retirement System for Justices and Judges; authorizing benefit increase for certain retired members. Effective dates.

SB 1148 allocates $100,000 from Oklahoma's General Revenue Fund to the Department of Transportation for the 2025-2026 fiscal year. This funding supports the department's existing duties under current law, such as road maintenance and transportation projects. The bill declares an emergency to allow immediate implementation upon approval. It directly affects the Department of Transportation's budget for state transportation operations. (1 sentence summary as it is a procedural appropriations bill.)

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $100k from General Revenue to DOT for road maintenance, directly funding state transportation operations under current budget framework.95% confidence ✓ TransportationSupports TransportationAllocates $100,000 to DOT for road maintenance and transportation projects, directly funding infrastructure operations per bill summary.95% confidence

Sub-Topics Appropriations Pensions Revenue Roads & Highways

signed · Oklahoma · Senate May 7, 2025

SB 582: State fiscal affairs; modifying fiscal years requiring estimated revenue collections. Effective date.

SB 582 requires Oklahoma state agencies collecting revenue into the General or Special Revenue Funds to provide the Office of Management and Enterprise Services with detailed, itemized forecasts of expected collections for the current year and the next two fiscal years. It also mandates the Oklahoma Tax Commission to submit comprehensive economic reports - analyzing recent performance and forecasting national/state trends - to the Director of Management and Enterprise Services at least two weeks before State Board of Equalization meetings, including assessments of past forecast accuracy. These reports and revenue estimates must be shared simultaneously with key legislative committees. The bill takes effect November 1, 2025, and became law without the Governor's signature on May 7, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires detailed revenue forecasts and economic reports to improve fiscal planning transparency and accountability, strengthening budget management processes.95% confidence

Sub-Topics Revenue State Budget

passed both · Oklahoma · Senate May 14, 2026

SB 122: Motor vehicles; certification of existence of security; valid insurance. Effective date.

SB 122 appropriates $9 million from Oklahoma's General Revenue Fund to the Weigh Station Improvement Revolving Fund for the 2023 fiscal year. This funding directly supports the Oklahoma Department of Transportation (DOT) in upgrading weigh stations, which inspect commercial truck weights to ensure road safety and compliance with weight limits. The bill provides concrete financial resources for the DOT to carry out its legal duties related to weigh station maintenance and improvements. It becomes effective July 1, 2025, with an emergency declaration allowing immediate implementation upon approval. The bill does not alter laws or create new regulations but allocates specific funds for existing DOT responsibilities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $9M from General Revenue Fund to fund DOT weigh station upgrades, directly advancing state budget allocation for essential transportation infrastructure.95% confidence ✓ TransportationSupports TransportationAppropriates $9M to upgrade weigh stations for road safety and DOT compliance, directly funding transportation infrastructure maintenance.95% confidence

Sub-Topics Revenue Freight Roads & Highways Transportation Funding

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in committee · Oklahoma · Senate Feb 4, 2025

SB 151: Cities and towns; Oklahoma Neighborhood Revitalization Act; creating the Oklahoma Neighborhood Revitalization Fund. Effective date. Emergency.

SB 151 creates the Oklahoma Neighborhood Revitalization Fund to provide grants for aesthetic improvements in small municipalities. It directs sales tax revenue to fund projects like sidewalk repairs, street lighting, and roadside beautification for cities with under 25,000 residents. Municipalities must contribute 20% of project costs (capped at $500,000) and apply by May 1, 2026, with funds distributed by October 1, 2026. The Oklahoma Department of Commerce reviews applications and allocates funds exclusively for approved improvements, prohibiting use for other purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesDirects existing sales tax revenue to fund neighborhood revitalization grants, allocating state tax funds toward community infrastructure projects in small municipalities.90% confidence

Sub-Topics Revenue Sales Tax

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in committee · Oklahoma · House Feb 4, 2025

HB 2177: Public finance; revenue estimates; procedures; effective date; emergency.

HB 2177 requires state agencies collecting revenue for the General Revenue Fund and Special Revenue Funds to provide the Director of the Office of Management and Enterprise Services with detailed, itemized annual revenue estimates. This includes actual past collections, current year projections, and three-year forecasts, along with written explanations of methodology. The Oklahoma Tax Commission must also submit comprehensive economic reports two weeks before State Board of Equalization meetings, covering national/state economic performance and forecast accuracy. The bill takes effect July 1, 2025, and mandates that all required reports be shared simultaneously with legislative budget committees.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires detailed revenue estimates and economic reports to enhance fiscal transparency and accountability in budget planning.85% confidence

Sub-Topics Revenue State Budget

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